Leveraging Financial Markets for Development

How KfW Revolutionized Development Finance de

Éditeur :

Palgrave Macmillan


Collection :

Executive Politics and Governance

Paru le : 2020-09-28

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Description

This book investigates how development institutions created and promoted marketized development financial instruments to increase the speed and scope of assistance by leveraging private financial markets for development objectives. To attract private investors, donor governments agreed to bear the risk in these new instruments in order to mobilize investment during times of political crisis. In particular, this book contends that Germany’s KfW played an outsized role in the development of these new financial instruments, particularly in microfinance banks and structured funds, as KfW’s unique institutional attributes and strong political support from the German government at critical junctures fostered financial innovation. Using over 70 interviews and a cache of newly released archival materials, this books documents how KfW and other development institutions created and promoted these marketized development financial instruments, and how they have become a pillar of modern development policy.
Pages
285 pages
Collection
Executive Politics and Governance
Parution
2020-09-28
Marque
Palgrave Macmillan
EAN papier
9783030550073
EAN PDF
9783030550080

Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
28
Taille du fichier
3062 Ko
Prix
52,74 €
EAN EPUB
9783030550080

Informations sur l'ebook
Nombre pages copiables
2
Nombre pages imprimables
28
Taille du fichier
758 Ko
Prix
52,74 €